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8080 Tower Terrace

8080 Tower Terrace, Pensacola, FL 32534
Property in Tower Terrace
Sold Oct 24, 2023
$116,600
Sold Dec 16, 2021
$102,800
$195,000 by University Lending Group Llc
Mortgage Due Jan 01, 2052
8080 Tower Terrace in Pensacola, FL was first built in 1969 and is 55 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 8080 Tower Terrace has 1,352 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,879 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8080 Tower Terrace sold most recently in Oct 10, 2023 for a total of $116,600. If you work out the math, that's approximately a cost of $86.24 per sqft. Before that, the property was also sold for $102,800 in Dec 9, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,469 in taxes each year. 8080 Tower Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $100,298. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $92,298. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Combination
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,879
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWER TERRACE
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 9 TOWER TERRACE PB 7 P 37 OR 8684 P 383 OR 8806 P 977

Ownership

  • Current Owner : UNIVERSITY LENDING GROUP LLC
  • Current Owner 2: ILIA
  • Previous Owner : BRIGHENTI ETHAN DAVID
  • Previous Owner 2: HASTINGS STEVEN J
  • Owner Before Previous Owner: LEE CORBETT JOHN
  • Owner Before Previous Owner 2: LEE JOAN S
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 003400

Zoning

  • Zoning: HDMU

Geography

  • Assessors Map Reference: 21-1S-30-2
  • Account Number: 23563509
  • Parcel: 21-1S-30-1128-000-009
  • Block: 9
  • Lot: 9
  • Meridian: SEC 21 TWN 01S RNG 30W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.5113
  • Longitude: -87.2656

    Address

  • Full Address: 8080 Tower Ter
  • Address - House Number: 8080
  • Address - Street Name: Tower
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C034
  • 4-Digit Zip Code: 4450
  • Zip Code: 32534

Valuation

    Tax

  • Total Area: 1,352
  • Tax Year: 2022
  • Tax Amount: $1,469
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.2746
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 60
  • Final Value: 157,252
  • High Value: 200,445
  • Low Value: 114,059

    Market Valuation

  • Market Total Value: $100,298
  • Market Land Value: $8,000
  • Market Improvement Value: $92,298

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,298
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $92,298

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Transaction ID: 11915306556
  • Current Sale Price: $116,600
  • Current Sale Document Type: Certificate of Transfer
  • Current Sale Input Document Number: 85665
  • Previous Sale Recording Date: Dec 16, 2021
  • Previous Sale Contract Date: Dec 09, 2021
  • Previous Sale Amount: $102,800
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • Previous Mortgage Transaction Date: Dec 16, 2021
  • Previous Mortgage Loan Amount: $195,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2052

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Frequently Asked Questions

What neighborhood is 8080 Tower Terrace located in?
The 8080 Tower Terrace is a located in the neighborhood of Tower Terrace in North Central Pensacola, Pensacola.
What is the average sales price for listings in 8080 Tower Terrace?
The average sales price for units in 8080 Tower Terrace is $0 currently.

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